Venture Smarter, a technology consulting company that’s running a contest for advanced infrastructure plans, announced last week it has lined up $50 million in prize money. That sum, made up of direct financing from private investment firms and grant support, will be divided between winners spread across four project categories.
Competing projects, which are being solicited from the public and private sectors, are being sorted into four categories: smart development, smarter and safer streets, critical infrastructure and next-generation infrastructure. Interested teams have until May 31 to submit their proposals and until Oct. 25 to make formal presentations.
